70 Dundas St - 9 Bedroom House - Greater Napanee, ON
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listed 171 days ago
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semi-detached
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listed 171 days ago
$785,000
70 Dundas St
9 +2
bedrooms
7
bathrooms
7
parking spaces

Description

Discover a unique investment opportunity with this well-maintained legal non-conforming 7-plex, boasting a history of steady occupancy and satisfied residents. Currently, all tenants are aged 55+, fostering a peaceful and mature community. Each unit is rented on a month-to-month basis. This property has return on investment with a projected rental income of $82,596 per year and current expenses of $23,033.54 (2023). Conveniently, it offers seven parking spots and an outbuilding for additional storage, catering to tenant needs. Two units are intentionally kept vacant, offering immediate potential for new tenants or renovation. Owned by the same individual since 1998, the building has been meticulously cared for and upgraded over the years. Detailed floor plans, a comprehensive list of upgrades, and a breakdown of expenses and rents are available upon request. Don't miss out on this rare opportunity to own a multi-family property in a desirable location.
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Sold history


General Info

9+2 bedroom semi-detached house in Greater Napanee
70 Dundas St, MLS: X9039453

Style | Type
2-storey | multiplex
Approx. Age
100+
Lot Width
81.0 ft
Lot Length
84.3 ft
Total Approx. Floor Area
3500-5000 sqft

Rooms

Bedrooms
9+2
Total Rooms
24
Bathrooms
7
Basement
part bsmt

Parking

Garage spaces
0
Total spaces
7
Driveway
private double

Financial info

Taxes
$8,929 / 2024

Additional info

Fireplace/Stove
none
Heating
forced air

Other

Possession Details
flexible
Nearby Amenitites
golf, hospital, library, park, public transit, rec centre
Exterior Finish
brick+vinyl siding
Lot Irregularities
irregular
Listing Brokerage
re/max hallmark first group realty ltd.
Zoning
r4

Listing Information

Listed Price
$785,000
Listed date
15 jul 2024
Days On The Market
171
Status
sold conditionally
HomeSmile AI estimate